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§ 11-4-211 - When bank gives value for purposes of holder in due course

O.C.G.A. 11-4-211 (2010)
11-4-211. When bank gives value for purposes of holder in due course


For purposes of determining its status as a holder in due course, a bank has given value to the extent it has a security interest in an item, if the bank otherwise complies with the requirements of Code Section 11-3-302 on what constitutes a holder in due course.

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